“There’s a greater than 50 percent probability that the financial system “will come to a grinding halt” because of losses from mortgages.”
-Gregory Peters, Head of Credit Strategy, Morgan Stanley, 13 November 2007
“There’s a greater than 50 percent probability that the financial system “will come to a grinding halt” because of losses from mortgages.”
-Gregory Peters, Head of Credit Strategy, Morgan Stanley, 13 November 2007
Pingback: Orside.Com » Morgan Stanley: odds of global credit bust - 1 in 2
Pingback: eraser’s blog » Blog Archive » Morgan Stanley: odds of global credit bust - 1 in 2